Section 257.1132 - Total loss of vehicle; surrender of title, junking.
MOTOR VEHICLE ACCIDENT CLAIMS ACT (EXCERPT)
Act 198 of 1965
257.1132 Total loss of vehicle; surrender of title, junking.
Sec. 32.
When payment is made for property damage to a vehicle which payment represents the total value of the vehicle less the $200.00 deductible the secretary may require that the certificate of title of the vehicle be surrendered for cancellation as a junk vehicle. When the certificate of title is surrendered under this section the secretary shall issue a memorandum of title which will enable the owner of the vehicle to dispose of it as junk or salvage.
History: Add. 1969, Act 252, Imd. Eff. Aug. 11, 1969